Towards a Win-Win Partnership between Moroccan, Basque Private Sectors

Means to develop a lasting win-win partnership between Moroccan and basque private sectors were the focus of talks held, Tuesday in Casablanca, between the General Confederation of Enterprises of Morocco (CGEM) and a delegation of Basque Businessmen, visiting Morocco.

During this meeting, the two parties discussed investment opportunities and co-investment, notably in the southern provinces, in sectors such as agribusiness, fisheries, and renewable energy as well as ways to exchange experiences in the fields of research and development, and innovation.

Speaking on this occasion, CGEM head Chakib Alj noted that this visit testifies to the strength and depth of the relationship and the strong and resilient historical ties between Morocco and Spain.

Morocco has conducted for two decades, a comprehensive transformation that has led to the consolidation of its institutional and macroeconomic framework, a massive development of infrastructure, industrialization, and employment through the implementation of targeted sectoral policies, as well as strengthening its position as a multidimensional African hub, Alj added.

“In order for this partnership to succeed, we must seek the complementarities that exist between our two economies, which represent, for our enterprises, bridges of growth facilitating the development of fruitful industrial collaborations,” he stated.

For her part, Maria Tato, head of the delegation, stressed that this visit to Morocco aims to explore opportunities for investment and partnership, adding that the delegation will visit Dakhla to explore the high economic potential of the region.

She also described as “extremely fruitful” the meeting with the CGEM as it has examined opportunities for mutual cooperation, particularly in sectors of agribusiness, fisheries, and renewable energy in order to establish a win-win partnership between the two parties.